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Rio increases Turquoise Hill offer

Offer increases 18% to C$40 per share

Paul Harris
Oyu Tolgoi in Mongolia

Oyu Tolgoi in Mongolia

The 18% higher new offer for the 49% of Turquoise Hill which Rio doesn't already own increases the deal to US$3.1 billion as it seeks to consolidate its control over the Oyu Tolgoi copper mine in Mongolia....

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